In 2015, Emirates paid dividends worth AED2.6 billion (US$708 million), compared to AED1 billion (US$272 million) in 2014. In its first 11 years, it doubled in size every 3.5 years, and has every four years since. The airline has recorded a profit every year, except its second year, and the growth has never fallen below 20% a year. The airline is a subsidiary of The Emirates Group, which itself is a subsidiary of the Dubai government's investment company, Investment Corporation of Dubai. Corporate management Emirates flight attendants The Wall Street Journal described the deal as a "painful loss" for Airbus. In 2017, Emirates "renewed its aircraft buying spree" and agreed to buy a number of Boeing's 787 Dreamliners for $15.1 billion. Its growth has attracted criticism from other carriers, who claim that the airline has unfair advantages and have called for an end to open-skies policies with the UAE as a result. Since, the airline has continued to expand its fleet and network, with a focus on connecting South Asia to North America and competing with other major airlines on international routes. In 2000, the airline placed an order for a large number of aircraft, including the Boeing 777-300 and the Airbus A380, and also launched its frequent flyer program, Skywards. The Gulf War helped boost business for the airline as it was the only airline to continue flying in the last ten days of the war. Pakistan International Airlines played a large role in establishing the Emirates in its early years providing technical and administrative assistance as well as providing a new Boeing 737-300 and an Airbus A300B4-200.ĭuring its early years, Emirates experienced strong growth, averaging 30% annually. The airline's first flight was from Dubai to Karachi, Pakistan on October 25, 1985. Main article: History of Emirates (airline)Įmirates was founded in March 1985 with backing from Dubai's ruler, Mohammed bin Rashid Al Maktoum. Emirates is also the world's largest Boeing 777 operator with 134 aircraft in service. Since its introduction, the Airbus A380 has become an integral part of the Emirates fleet, especially on long-haul, high-density routes. As of March 2023, Emirates is the largest Airbus A380 operator with 119 aircraft in service, and with one aircraft having been retired. Įmirates operates a mixed fleet of Airbus and Boeing wide-body aircraft, and is one of the few airlines to operate an all-wide-body aircraft fleet (excluding Emirates Executive ). In October 2008, Emirates moved all operations at Dubai International Airport to Terminal 3. In the years following its founding, the airline expanded both its fleet and its destinations. The airline was headed by Ahmed bin Saeed Al Maktoum, the airline's present chairman.
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Pakistan International Airlines provided free training facilities to Emirates' cabin crew at Karachi airport. With $10 million in start-up capital, it was required to operate independently of government subsidy. As a result, Emirates was conceived on 15 March 1985, with backing from Dubai's royal family, with Pakistan International Airlines giving two of the airline's first aircraft. Įmirates is the world's fourth-largest airline by scheduled revenue passenger-kilometers flown, and the second-largest in terms of freight tonne-kilometers flown.ĭuring the mid-1980s, Gulf Air began to cut back its services to Dubai. Cargo activities are undertaken by Emirates Sk圜argo. It operates to more than 150 cities in 80 countries across all continents (except Antarctica) through its fleet of nearly 300 aircraft. As of 2019, it was also the largest airline in the Middle East, operating over 3,600 flights per week from its hub at Terminal 3 of Dubai International Airport.
Based in Garhoud, Dubai, the airline is a subsidiary of The Emirates Group, which is owned by the government of Dubai's Investment Corporation of Dubai. Ahmed bin Saeed Al Maktoum ( founder) & Tim Clark ( President)Įmirates ( Arabic: طَيَران الإمارات DMG: Ṭayarān Al-Imārāt) is one of two flag carriers of the United Arab Emirates (the other being Etihad).
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